If they are smart, every fast food joint impacted will have already sent out notices that failure to show for an assigned shift will result in a termination.
Minimum wage jobs, or any entry level job for that matter, is not intended to be one's forever job as the employee does gain experience and skills to move up either with their current employer or another, but what you're advocating is forcing the market to provide an inflated wage for the work being performed relative to the available labor supply...
Ironically McDonalds workers get paid much better in many countries outside of the US and the same goes for companies like Walmart. You would think they would be looking after their own first.
Who says they aren't worth it?
Between McD's corporate and the franchise owners, sufficient profits exists to do just that and not raise food prices one penny. They would just be less profitable. Corporate would still be profitable to the tune of billions of dollars.
Yes. Because the employer/employee relationship is not an equal one and they lack the power to obtain a better life through negotiation.
You didn't offer an answer. You dodged the question.
I will answer for you, then, since you gave permission. You aren't willing to say yes. You aren't willing to suggest that everybody is making precisely what they deserve.
Prices would have to increase to cover the labor costs, other businesses would have to raise their wages to attract employees, which would cause them to have to raise their prices, after all is done and the economy has corrected itself, the $15.00 / hr wage will be poverty again. The way to get out of poverty is to get out of non-skilled jobs, not to make those non-skilled jobs pay more.
Which might be an argument if there were enough jobs around that paid better.
But there aren't. No matter how hard anyone works, there will always be fewer jobs than there are workers. Let alone "good" jobs.
Your fairytale universe in which everyone is paid on merit? Never existed.
I've had a few tech jobs repairing computers, and they currently pay around $14 p/hr for part time work. So, there is no way that flippin' burgers is worth $15 an hour. Are you going to run to McDonalds when your laptop won't boot and you need it for school/work? All the tech guys will be working there instead.
This is an excellent point.I wonder if these people realize that if they're successful, many of them are out of jobs -- not because the chains can't afford it, but because for $15 an hour, they won't be settling for THEM anymore.
This is an excellent point.
The good ones will remain, yes, but I don't think that was Maggie's point. I think her point was that many of the people who are agitating for the $15/hr now are NOT the ones who are good enough to remain and are actually, albeit unknowingly, agitating for their own elimination.However the one's that are worth it will get paid much better, not to mention your food service will also be much better. And believe me, there are plenty of workers in restaurants who deserve $15 an hour.
My mistake, that number was 45 years, not 40. (in 1968 the minimum wage was also $1.60)
The word deserve has no place when you are talking about wages.
I will say it again:
Revenue – Costs = Profit/ Loss
You almost never get something for nothing in business.
If these people get what they want, then the burgers they flip will go up in price AND the companies they work for will sell less burgers AND they will make less profit AND they will have to layoff more people to make up the difference.
I am not against what these people are doing at all - it is many times better, IMO, then raising the national minimum wage to $15.
But I just hope they realize that no company can just absorb a 100% rise in workers pay without having to cut costs and/or raise prices to compensate.
Many of them WILL be laid off if they get their wish...guaranteed.
But if they fully understand that...power to 'em.
Funny how the minimum wage was increased in 1968 and the unemployment rate has never been that low again.
McDonald's actually could absorb that without raising prices one penny.
I don't think you understand how the franchise system works. The huge corporation of Mc Donalds does not pay the wages, the mom and pop franchise operators do.
McDonald's actually could absorb that without raising prices one penny.
Funny how in adjusted dollars the minimum wage is actually lower now than it was then.
So I think we can toss the notion that minimum wage has a major influence on unemployment.
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